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FTSE set for hesitant start; Economic and corporate news in focus

The FTSE 100 is expected to ease slightly ahead of this morning's UK unemployment and wage data and in advance of this evening's eagerly awaited statement and press conference from the Fed.

Bellway hikes dividend 28% as pretax profit, revenue grow

Bellway posted a 16.6% increase in pre-tax profits to £288.7m for the half-year ending 31 January and said it would raise its interim dividend in line with earnings by 28% to 48p per share.

GKN says Melrose pension plan would erode shareholder value

GKN said Tuesday that it has a clear and comprehensive plan to reduce its pension liabilities, calling Melrose's recent warning of overburdened pension liabilities 'misleading.'

Ocado Group first-quarter revenue up 11.7%

Online grocer Ocado Group said it grew revenue by 11.7% in its fiscal first quarter to £363.4m.

Hammerson signs £1.5bn revolving credit facility to support Intu acquisition

Hammerson announced Tuesday the successful syndication and signing of a £1,500m unsecured revolving credit facility with a three year maturity.